Prime Minister’s E-DRIVE Scheme: A New Era for Electric Vehicles in India?
The Indian government has launched an innovative automotive improvement program, PM E-DRIVE. 10,900 crore The two-year initiative aims to transform the electric vehicle landscape in the country. Main objectives and components of PM E-DRIVE The PM E-DRIVE program aims to address several key aspects of electric vehicle adoption: Focus on diverse electric vehicle categories: The scheme targets all types of electric vehicles including two-wheelers, three-wheelers, ambulances, buses and trucks. This inclusive approach ensures that all segments of the transport sector benefit from the scheme. Subsidies and demand incentives: A large portion of the budget (Rs 3,679 crore) is allocated for demand incentives. These incentives are aimed at making electric vehicles more affordable for consumers. The scheme introduces e-vouchers that are Aadhaar authenticated and sent directly to the buyer’s registered mobile number. These e-vouchers can be presented at dealerships to claim the subsidy, thus simplifying the process of buying electric vehicles. Strengthening electric vehicle infrastructure: To ease range anxiety and promote…
Prime Minister’s E-Drive scheme was launched in 2019 with a planned allocation of Rs 109 billion
The Indian federal government has launched a new scheme called PM E-Drive Innovative Automotive Improvement Revolution (PM E-Drive). The scheme replaces the second phase of the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) scheme which ended in March 2024. The two-year PM E-Drive scheme, with a total investment of Rs 10,900 crore, aims to promote electric vehicles in India, with a focus on incentivizing the development of electric two-wheelers (e-2W), electric three-wheelers (e-3W), electric trucks and buses, and electric ambulances. Of the total investment, Rs 3,679 crore has been allocated for subsidies/demand incentives to support the above-mentioned electric vehicles, of which 24.79 lakh are e-2W, 3.16 lakh are e-3W, and 14,028 are electric buses. Also read: Ford India confirmed to return? Tamil Nadu chief minister leads talks on possible return Apart from this, the Prime Minister E-Drive will incentivize 88,500 electric vehicle charging stations to boost electric vehicle charging infrastructure in India. In addition, the Department of…
The Brazilian Agricultural Exhibition attracted agriculture ministers from many South American countries.
The Brazilian Agricultural Exhibition attracted agriculture ministers from many South American countries. Once a yearofThe Brazilian Agricultural Show was held not long ago (this month)5th) has ended. The organizer of this international exhibition is.Brazilian Association of Industrial Machinery and Equipmentthe exhibition venue is located atRibeirão Preto Farm.According to preliminary statistics, the number of visitors to this exhibition is approximately150,000 visitors and more than 800 exhibiting companies. Brazil is the largest developing country in Latin America, China's largest trading partner in Latin America, and China's tenth largest import market. Brazil is a traditional agricultural and livestock country, with annual imports of agricultural and livestock products.More than 30 billion US dollars, or 42% of total imports. The number of unemployed in the agricultural sector stands at 17.7 million, or 37% of the world's unemployed population. Brazil Agricultural ShowLarge scale, large number of visitors, good exhibition effect, exhibitors can not only understand in timedomesticLatest developments in the agricultural sector,At the same time, it…
The Brazilian Agricultural Exhibition attracted agriculture ministers from many South American countries.
The Brazilian Agricultural Exhibition attracted agriculture ministers from many South American countries. Once a yearofThe Brazilian Agricultural Show was held not long ago (this month)5th) has ended. The organizer of this international exhibition is.Brazilian Association of Industrial Machinery and Equipmentthe exhibition venue is located atRibeirão Preto Farm.According to preliminary statistics, the number of visitors to this exhibition is approximately150,000 visitors and more than 800 exhibiting companies. Brazil is the largest developing country in Latin America, China's largest trading partner in Latin America, and China's tenth largest import market. Brazil is a traditional agricultural and livestock country, with annual imports of agricultural and livestock products.More than 30 billion US dollars, or 42% of total imports. The number of unemployed in the agricultural sector stands at 17.7 million, or 37% of the world's unemployed population. Brazil Agricultural ShowLarge scale, large number of visitors, good exhibition effect, exhibitors can not only understand in timedomesticLatest developments in the agricultural sector,At the same time, it…
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